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Filing year 2023

BETHANY LUTHERAN COLLEGE INC

Mankato, Minnesota·EIN 41-0747165·NTEE B410 · Education·501(c)(3)
Total revenue
$37.1M
Total assets
$117.3M
Total expenses
$36M
Reported officers
16
Mission

BETHANY LUTHERAN COLLEGE PROVIDES CHRISTIAN HIGHER EDUCATION IN A CHALLENGING ACADEMIC ENVIRONMENT WHERE PERSONAL MENTORING GUIDES STUDENTS TO PURSUE KNOWLEDGE, TRUTH, AND DISCERNMENT FOR PRODUCTIVE AND FULFILLING LIVES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

College President
Above 90th percentile
$249k
$275k
Base
$187k
Bonus
Other
$2k
Benefits
$37k
Senior VP of Fin & Admin/treasurer
Senior Vice President
10th to 25th percentilevs Education peers nationwide
$146k
$161k
Seminary President
Median to 75th percentile
$100k
$110k
Controller/asst. Treasurer
25th percentile to median
$75k
$82k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BETHANY LUTHERAN COLLEGE INC equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2022

From $237k in 2022 to $249k in 2023.

$237k
2022
$249k
2023
In today's dollarsEst.
Up 1% in real terms$272k to $275k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 9%.

$237k in 2022 to $249k in 2023.
  • Senior Vice President pay rose 6% from 2022 to 2023.
  • Chief Financial Officer pay fell 20% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BETHANY LUTHERAN COLLEGE INC

What does the Chief Executive Officer of BETHANY LUTHERAN COLLEGE INC earn?

In 2023, the Chief Executive Officer of BETHANY LUTHERAN COLLEGE INC received $248,566 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BETHANY LUTHERAN COLLEGE INC compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at BETHANY LUTHERAN COLLEGE INC falls in the top 10%. In 2023, the highest total compensation at BETHANY LUTHERAN COLLEGE INC equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

What are BETHANY LUTHERAN COLLEGE INC's revenue and expenses?

In 2023, BETHANY LUTHERAN COLLEGE INC reported $37.1M in total revenue and $36M in total expenses on its IRS Form 990.

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